Charlotte, North Carolina, is the state’s most populated city and a cultural, historical, entertainment and business hub. Nine Fortune 500 companies are headquartered in the area, including Goodrich, Lowe’s and Duke Energy. Charlotte is also one of the nation’s foremost banking centers, is home to Bank of America and is second only to New York City in headquartered assets.
If you are looking at selling a home in Charlotte, rest assured there are many potential buyers. All you need is some information about the local market and the assistance of a real estate professional.
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| Population 540,828 | Median Age 32.7 yrs | Household Size: 2.45 |
| Avg Commute: 25.1 min | Avg Income $46,975 | Avg Home Value: $134,300 |
| July High: 90.0°F | January Low: 31.2°F | |
Selling a Home in Charlotte
North Carolina’s capital is growing rapidly, both in terms of population and of real estate options. Due to the expansion of nearly every aspect of life in the city, if you are looking at selling a home in Charlotte, you are in a good position. However, there are a few things you should keep in mind when considering selling your home in this southern city.
Ask for Help
The one thing you can do to help make your selling experience more successful and much less stressful is to enlist the services of a real estate professional. He or she will be an invaluable tool in your selling process, especially if you are new to the real estate field or are not yet up to date on the market trends.
A Realtor will be able to help you in many ways throughout the selling process. He or she will expose your listing to the greatest number of potential buyers, increasing your chances for a quick sale. Your real estate agent will also help in negotiating prices with the potential buyer and in closing the deal. Having a real estate professional on your side is beneficial no matter which way you look at it, so you may want to seriously consider signing on with one of the many in the city before attempting to sell a home in Charlotte.
Setting an Asking Price
While the median home value in Charlotte is around $135,000, there are a variety of home values. The best way to determine your home’s market value is to have a professional home evaluation done. Your Realtor can help you set this up, and this will give you a good idea of what to list as your asking price for your home. Many people make the mistake of not getting a home evaluation, and therefore they either list the asking price much too high to start and end up frantically slashing the price after a few weeks or months of no inquiries, or they list the price too low to begin with and end up losing money they should have been making on their home. Both of these situations can be avoided by having an evaluation done before listing.
Charlotte at a Glance
Due to the growth that Charlotte has experienced in recent years, there are a number of opportunities in the city, especially for younger people. The majority of Charlotte’s population is under 40, contributing to the city’s thriving young professional atmosphere. This type of homebuyer will be most likely to be interested in your home, depending the age, size and design.
One thing you may want to stress to any potential buyers you come in contact with as you attempt to sell a home in Charlotte is that the city is home to a number of historical, cultural and educational attractions. Located in the city are a number of educational institutions, including the University of North Carolina’s Charlotte campus, Johnson C. Smith University, Queens College, Brookstone College, as well as a number of small colleges and community colleges. This wealth of educational opportunities reflects Charlotte’s young culture and its many options for its residents.
If you are selling a home in Charlotte, there are many potential buyers. Let your Realtor help you make your selling process stress-free.
Ashley Andyshak
A REALTOR® is a real estate professional who is a member of the National Association of REALTORS®